Scott County FHA Loan Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Scott County, Kansas based on real HMDA transaction records.

Loan Details

US County (Smart Autofill)

Loan Type

Scott County, KS Benchmarks

FHA averages

Typical Property Value$178,636

Average Down Payment15.1%

Average Interest Rate6.416%

Effective Tax Rate1.57%

Median Tax Paid$2,640/yr

Tax Growth (Historical)-1.7%

Based on 11 regional loans totaling $1,615,000 (HMDA database).

Home Price

Down Payment

$26,974 down · $151,662 financed

Interest Rate

Loan Term

yrs

Extra Monthly Principal

Paid directly to principal

Mortgage Start Date

Payoff estimated June 2056

Local & Recurring Costs

Property Tax Rate

$234 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$64 / month

Estimated Monthly Payment

$1,415/mo

Principal & Interest$967
Property Tax$234
Home Insurance$150
FHA MIP$64

Amortization · Remaining Balance

Financed Loan Amount

$154,316

Total Interest

$193,904

Total of Payments

$348,220

*Includes financed FHA Upfront MIP of $2,654

Local Market Insights

Scott County FHA Mortgage Overview

For Scott County homebuyers using an FHA loan, the 15.07% average down payment on a $178,636 property provides accessible entry, but mandatory Mortgage Insurance Premiums (MIP) apply for the loan’s life regardless of equity. With an 84.93% loan-to-value ratio and 100% primary occupancy, this data reflects owner-occupants, not investors. The 1.57% effective property tax rate, adjusted down -1.7% for inflation, slightly reduces monthly costs. When evaluating an FHA loan with PMI and taxes in Scott County, KS, the lower down payment and sub-620 credit score flexibility offset the permanent MIP, making this a viable local option.

Disclaimer: This calculator provides estimates for educational purposes only and does not constitute a loan offer or financial advice. Actual rates, taxes, insurance, and fees will vary.